Mind · Strategy
TradeOff
Exchange of consequences
Definition
Mechanism
The specific negative consequence accepted in exchange for a positive one. The cost of a Decision. There are no solutions, only trade-offs.
Invariants
- Opportunity Cost: Selecting X implies rejecting Y.
- Explicit Recognition: The cost is acknowledged, not ignored.
Risks
Failure modes
None stated.
Relationships
Builds on
References
Infrastructure
Irrevocable selection from a set of options
Used by
References
Society
List who bears the costs of a decision and who receives its benefits, and say where they differ
Reference